I have been digesting all things Real Estate so right now I am working to lower my DTI while saving at least 6-7% for the Owner Occupant down payment (to include closing cost, etc.).

Honestly, it seems like you’ve got more skin in the game than I do since I’m just getting started as a bird dog, but I really admire your approach.I think your focus on tax-efficient strategies and building a reliable team is spot on.

Eliminate debt, establish a budget, and save.

My name is Jenna and my husband and I are just starting to dip our toes into the real estate world!

That’s like depositing $300 into a savings account every month.Plus, it’s an investment property, so you can depreciate it to save on taxes.More Than $1,500This isn’t just about making $1,500 in rent—it’s about building long-term wealth.

It’s a smart move, especially since it ties in with your goal of saving for your first investment.For skills, you probably already have a good foundation with your sales experience—things like communication, organization, and dealing with clients are all super valuable.

At 6% I’ve only saved $360k, but you would have saved $720k, an extra $72k/yr.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

I am a newbie in BP, just started listening all the podcasts, fascinated by the community!

I was watching a Youtube video by Rob Abasolo that you may like to consider called "How I'd make $10,000/month on Airbnb if I lost everything and had to start over".